I was expecting to wake up and see the TLT trading at $92-$93 area. This isn't the case. I am now of the belief that no matter how bad the worlds economy gets the general public does not want goverment debt.
This could be a short opportunity to buy the TLT. I am looking very close at this trade again. There is now way i could be short the TLT here which makes me think to go long.
Tuesday, February 22, 2011
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